Fastlanedating

[StevieB]

I think many of us have come across this question. What's in a domain name? Early internet adopters that were able to pickup names like cars.com, etc.... at minimum could have sold the domain for a small fortune.

These days most of the big names are sold, and now it's come down to paying 2k+ for a semi-known name, or even a combination of letters as opposed to coming up with something completely unique.

What are your thoughts on purchasing something for thousands as opposed to building a unique name?

BTW yes that domain is available for bidding in case you were wondering but this is more of a general question.

 

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[MJ DeMarco]

I'm all for it, but only after you have an established business. As for the domain in the title, I'm not a big fan and don't think it's worth more than $100.

 

[katana]

What are your thoughts on purchasing something for thousands as opposed to building a unique name?

The name doesn't matter if your business is profitable and brings value to your customers. I agree with MJ on this one. To prove my point, think about Snapchat or Facebook, for example. These names mean nothing without the products behind them.

 

[Kung Fu Steve]

Or you could infringe on a trademark and hand over a court order instead of a check...

Just teasing but always something to think about in this litigious society we live in!

 

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[devine]

In 2016 domain name like cars.com doesn't worth shit compared to a brandable domain name.
We have purchased majority of our domain names for ten bucks: they all are one-word, highly memorizable and good sounding .com domain names. Meanwhile, stumbled upon a lot of premium domain names with 20k+ pricetag that are nowhere near as good.

A lot of opportunity in the industry, for both, buyers and sellers.

Just sayin'

 

[Guest34764]

So I looked into a domain name that I wanted to purchase.

"Oh, this name is pretty unique and I could probably get it for 100$".

$20,000.

What the hell.

The domain was literally a combination of two words.

This stuff boggles my mind.

 

[StevieB]

Thanks all... pretty much what I thought. The pretty domain name, at least this day in age is just something you buy to make yourself think you're doing something as opposed to building a brand.

 

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[TonyStark]

Make your first sale first.....
To quote @Andy Black , I forget which thread it is.